Segment Information (Tables)

3 Months Ended

Mar. 30, 2019

Segment Reporting [Abstract]

Summary of Segment Reporting Information

Below are the sales and operating profit by segment for the three months ended March 30, 2019 and March 31, 2018 and a reconciliation of segment operating profit to income before income taxes. Operating profit is net sales less cost of products sold and other operating expenses excluding interest and corporate expenses. Cost of products sold and other operating expenses are directly identifiable to the respective segment. 

	Three Months Ended
(In thousands)	March 30, 2019			March 31, 2018
Sales
Aerospace	$	188,501		$	164,600
Test Systems	19,724			14,459
Less Intersegment Sales	(51)			—
Total Test Systems Sales	19,673			14,459
Total Consolidated Sales	$	208,174		$	179,059
Operating Profit and Margins
Aerospace	$	25,768		$	13,115
	13.7		%	8.0		%
Test Systems	2,185			(1,929)
	11.1		%	(13.3)		%
Total Operating Profit	27,953			11,186
	13.4		%	6.2		%
Additions/Deductions from Operating Profit
Gain on Sale of Business	80,133			—
Interest Expense, Net of Interest Income	1,804			2,331
Corporate Expenses and Other	5,287			4,929
Income Before Income Taxes	$	100,995		$	3,926

Total Assets: 

(In thousands)	March 30, 2019		December 31, 2018
Aerospace	$	674,247	$	647,870
Test Systems	73,519		97,056
Corporate	32,755		29,714
Total Assets	$	780,521	$	774,640